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Real Estate Prices & Overview

Georgetown / Laneview median real estate price is $167,693, which is less expensive than 82.2% of Tennessee neighborhoods and 83.5% of all U.S. neighborhoods.

The average rental price in Georgetown / Laneview is currently $1,341, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.8% of Tennessee neighborhoods.

Georgetown / Laneview is a remote neighborhood (based on population density) located in Trenton, Tennessee.

Georgetown / Laneview real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Georgetown / Laneview neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 8.0% in Georgetown / Laneview. NeighborhoodScout analysis shows that this rate is lower than 48.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Trenton, the Georgetown / Laneview neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research reveals that 92.7% of commuters who live in the Georgetown / Laneview neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 98.6% of U.S. neighborhoods.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Georgetown / Laneview neighborhood in Trenton are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.9% of the neighborhoods in America. With 14.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.6% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Georgetown / Laneview neighborhood, 33.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 29.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.6%), and 11.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Georgetown / Laneview neighborhood is English, spoken by 99.6% of households. Some people also speak Italian (2.8%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Georgetown / Laneview neighborhood in Trenton, TN, residents most commonly identify their ethnicity or ancestry as Irish (15.9%). There are also a number of people of German ancestry (7.9%), and residents who report English roots (2.5%).

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Georgetown / Laneview neighborhood spend between 30 and 45 minutes commuting one-way to work (32.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (92.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (5.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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